Enersys (NYSE:ENS – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.
Several other brokerages also recently issued reports on ENS. Roth Capital reiterated a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research report on Friday, May 22nd. Oppenheimer raised their target price on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. TD Cowen raised their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. BTIG Research increased their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $265.00.
Enersys Price Performance
Enersys (NYSE:ENS – Get Free Report) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The company had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. Enersys’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, equities analysts predict that Enersys will post 12.1 earnings per share for the current fiscal year.
Institutional Trading of Enersys
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. PFG Investments LLC increased its stake in shares of Enersys by 4.2% during the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock worth $285,000 after purchasing an additional 78 shares during the period. Stifel Financial Corp boosted its stake in Enersys by 2.0% in the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after purchasing an additional 84 shares during the period. Kestra Advisory Services LLC boosted its stake in Enersys by 4.9% in the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after purchasing an additional 94 shares during the period. Merit Financial Group LLC grew its holdings in Enersys by 3.8% in the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after buying an additional 97 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after buying an additional 98 shares in the last quarter. 94.93% of the stock is owned by institutional investors.
About Enersys
Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.
The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.
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